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Microsoft is a US technology giant spanning Windows, Office, the Azure cloud and, increasingly, artificial intelligence. It is among the world's most valuable companies.

1 story on Microsoft, newest first.

2 min read4 sourcesBearish

Microsoft cuts 4,800 jobs, overhauls struggling Xbox division

Microsoft is eliminating approximately 4,800 jobs (2% of its workforce) as part of a major restructuring of its Xbox gaming business, where revenue has been declining. The cuts include shedding 3,200 gaming jobs, spinning off or selling four studios, and placing a fifth under review for potential closure.

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